Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$324,537$307,800
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.45%7.18%
Blended rate4.3%7.42%
1st payment$1,599.34$2,085.14
2nd payment$0.00$0.00
Taxes / mo$100.33$100.33
Insurance / mo$150.00$150.00
MI / mo$253.86$61.56
HOA / mo$89.00$89.00
Total monthly$2,192.53$2,486.04
Cash to close$17,463$34,200